Solution for Reassessing Renewable Energies

Two thirds of global electricity is generated from fossil fuels. This implies that more than 40% of global carbon emissions from burning fossil fuels stem from electricity generation. While there is p ...

Two thirds of global electricity is generated from fossil fuels. This implies that more than 40% of global carbon emissions from burning fossil fuels stem from electricity generation. While there is potential for efficiency improvements, global demand for electricity is expected to rise, which will further aggravate the problem, especially in developing countries.

Start building up an environmentally sustainable capital stock of power plants for the future.

The longer the wait for the energy transition, the higher will be the cost. This is due to the fact that the capital stock of power plants is very longlasting and changes in the composition of the generation system have long-lasting effects. To avoid "lock-in" to technologies that may no longer be wanted, transition should start early. This also applies in emerging economies as these countries are building up their capital stock for future use. Thus, it is important to build the "right" capital stock as it will be in place for decades and will predetermine future carbon emissions.

When evaluating renewable energy sources, adopt a holistic approach, considering all the potential contributions to sustainability and all the potential stumbling blocks rather than focusing only on c ...

When evaluating renewable energy sources, adopt a holistic approach, considering all the potential contributions to sustainability and all the potential stumbling blocks rather than focusing only on climate change.